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Saving and Reinvesting Worksheet for Kids

Entrepreneurship lesson 15: Saving, reinvesting and borrowing · Set 372 · 40 questions
TalentJR

Business tip (Save, grow, borrow carefully): Saving keeps money for later; reinvesting puts profit back into the business; spending uses it on yourself. Part of the profit = profit × percent ÷ 100. Simple interest = P × R × T ÷ 100; amount to pay back = loan + interest. Borrow only with your parents.

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  1. 1.A small family shop borrows ₹200 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  2. 2.🐷 Why save part of the profit? (a) no reason (b) for bad days and goals (c) saving is a loss (d) to waste it later
  3. 3.🏦 Interest on a loan is… (a) the cost of borrowing (b) free money (c) a discount (d) a gift
  4. 4.Which of these is saving? (a) a cinema ticket (b) sweets for yourself (c) a piggy bank for later (d) better paint for cards
  5. 5.🐷 Saving, reinvesting or spending: a cinema ticket? (a) reinvesting (b) spending (c) saving
  6. 6.Ananya’s stall made a profit of ₹1100. 10% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?
  7. 7.🐷 Saving, reinvesting or spending: sweets for yourself? (a) saving (b) reinvesting (c) spending
  8. 8.👪 A teen wants to borrow for a business idea. First step? (a) take it secretly (b) ask strangers (c) borrow online alone (d) talk to parents
  9. 9.Riya’s stall made a profit of ₹500. Riya saves 10% of it. How many rupees are saved?
  10. 10.🔁 Reinvesting means… (a) spending it on games (b) hiding it (c) putting profit back in (d) giving it away
  11. 11.A small family shop borrows ₹100 from a bank at 4% simple interest per year. How much interest is due after 2 years (in ₹)?
  12. 12.Lakshmi’s stall made a profit of ₹1400. 10% is saved, 40% is reinvested in the stall and the rest is spent. How many rupees are spent?
  13. 13.A small family shop borrows ₹600 from a bank at 5% simple interest per year. How much must it pay back in all after 3 years (in ₹)?
  14. 14.Gurpreet’s stall made a profit of ₹300. Gurpreet saves 10% of it. How many rupees are saved?
  15. 15.💡 Before borrowing, what should you ask? (a) how fast can I spend? (b) can I pay it back? (c) what is the logo? (d) nothing
  16. 16.Arjun’s stall made a profit of ₹1500. Arjun saves 25% of it. How many rupees are saved?
  17. 17.📆 Why repay a loan on time? (a) to pay more interest (b) to keep trust (c) to lose friends (d) it does not matter
  18. 18.🐷 Saving, reinvesting or spending: a piggy bank for later? (a) spending (b) saving (c) reinvesting
  19. 19.Which of these is spending on yourself? (a) a piggy bank for later (b) better paint for cards (c) sweets for yourself (d) profit put in a bank
  20. 20.Which of these is saving? (a) buying a second juicer (b) profit put in a bank (c) a cinema ticket (d) a new video game
  21. 21.Kabir’s stall made a profit of ₹400. 25% is saved, 20% is reinvested in the stall and the rest is spent. How many rupees are spent?
  22. 22.Joseph’s stall made a profit of ₹600. Joseph saves 20% of it. How many rupees are saved?
  23. 23.🐷 Saving, reinvesting or spending: more seeds for next time? (a) reinvesting (b) spending (c) saving
  24. 24.🐷 Saving, reinvesting or spending: a new video game? (a) spending (b) reinvesting (c) saving
  25. 25.A small family shop borrows ₹500 from a bank at 3% simple interest per year. How much must it pay back in all after 1 year (in ₹)?
  26. 26.🐷 Saving, reinvesting or spending: an emergency fund? (a) spending (b) reinvesting (c) saving
  27. 27.Ishaan’s stall made a profit of ₹700. Ishaan saves 20% of it. How many rupees are saved?
  28. 28.Aarav’s stall made a profit of ₹1300. Aarav saves 10% of it. How many rupees are saved?
  29. 29.Which of these is saving? (a) an emergency fund (b) buying a second juicer (c) sweets for yourself (d) more seeds for next time
  30. 30.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much interest is due after 1 year (in ₹)?
  31. 31.Tara’s stall made a profit of ₹1400. Tara saves 20% of it. How many rupees are saved?
  32. 32.Which of these is reinvesting in the business? (a) profit put in a bank (b) an emergency fund (c) a cinema ticket (d) buying a second juicer
  33. 33.A small family shop borrows ₹700 from a bank at 2% simple interest per year. How much interest is due after 3 years (in ₹)?
  34. 34.A small family shop borrows ₹900 from a bank at 5% simple interest per year. How much interest is due after 2 years (in ₹)?
  35. 35.A small family shop borrows ₹600 from a bank at 3% simple interest per year. How much interest is due after 2 years (in ₹)?
  36. 36.Zoya’s stall made a profit of ₹700. Zoya saves 20% of it. How many rupees are saved?
  37. 37.A small family shop borrows ₹200 from a bank at 6% simple interest per year. How much interest is due after 3 years (in ₹)?
  38. 38.Which of these is spending on yourself? (a) more seeds for next time (b) a piggy bank for later (c) an emergency fund (d) a new video game
  39. 39.A small family shop borrows ₹800 from a bank at 2% simple interest per year. How much interest is due after 1 year (in ₹)?
  40. 40.Kabir’s stall made a profit of ₹700. 25% is saved, 30% is reinvested in the stall and the rest is spent. How many rupees are spent?

Answer key

  1. 12
  2. for bad days and goals
  3. the cost of borrowing
  4. a piggy bank for later
  5. spending
  6. 660
  7. spending
  8. talk to parents
  9. 50
  10. putting profit back in
  11. 8
  12. 700
  13. 690
  14. 30
  15. can I pay it back?
  16. 375
  17. to keep trust
  18. saving
  19. sweets for yourself
  20. profit put in a bank
  21. 220
  22. 120
  23. reinvesting
  24. spending
  25. 515
  26. saving
  27. 140
  28. 130
  29. an emergency fund
  30. 12
  31. 280
  32. buying a second juicer
  33. 42
  34. 90
  35. 36
  36. 140
  37. 36
  38. a new video game
  39. 16
  40. 315

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